Packed PRC Hearing Shows Deep Unease Over Blackstone’s Proposed Takeover of PNM

Packed PRC Hearing Shows Deep Unease Over Blackstone’s Proposed Takeover of PNM

We attended a packed PRC hearing on Blackstone’s proposed acquisition of PNM in Albuquerque last night.

New Mexicans raised concerns about higher electric rates, water-hungry data centers, fossil fuel expansion, and whether a short-term private equity model belongs anywhere near a public utility that serves over 550,000 customers.

This decision isn’t final and public comments are still being considered.

Public Comment Meeting Dates:

February 12, 4100 Osuna Rd NE, Ste 106, Abq., Time TBD 

February 26, 10:00AM, Capitol Bldg, Room 321, Santa Fe 

March 12, 10:00AM, 4100 Osuna Rd NE, Ste 106, Abq. 

March 26, 10:00AM, Wendell Chino Building, Santa Fe 

April 9, 10:00AM, 4100 Osuna Rd NE, Ste 106, Abq.

April 23, 10:00AM, Wendell Chino Building, Santa Fe

How to speak up:

New Energy Economy has a ton of ways to make your voice heard

Updated Email: public.comment@prc.nm.gov (include Blackstone and docket no. 25-00060-UT in subject line)

https://www.nm-prc.org